it is not a guarantee that with the increasing popularity of bitcoin it will make the price higher, and the evidence can be seen at this time where the popularity of bitcoin is very high in investment circles.but its popularity is inversely proportional to the price of bitcoin which has not been stable until now, so we conclude that the more popular bitcoin will not guarantee the bitcoin price will rise drastically
Bitcoin has never been stable and it's always been volatile. With that, the popularity of bitcoin helps it to increase its demand. The demand of bitcoin makes it more valuable, popularity alone doesn't have direct relation to it. But the effect of it does. |
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I need did this recently when I buy my team on Axie and yeah, this is too risky especially if you don’t have extra fund to pay for that loan when the project you invest with was a scam, fortunately I did the right decision and now I already paid my loan and still earning with my investment, sometimes its ok to borrow if you know you can make money out of it, but if not better not to do so. This is not advisable though, only a risk taker should do this and make sure that you can still pay that money even if you lose your capital.
What you did is too risky. AFAIK, it's still risky and the same as borrowing for buying bitcoin. But with what I knew about that investment you got in, the return was good before and during the hype. And if you just did that a few weeks ago, you're going to have a long time before your ROI. |
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The future prices are certainly difficult to predict, I tried to learn various techniques and analyzes that can predict bitcoin prices on a daily to annual basis, but the fact is not 100% true, maybe we just speculate that bitcoin prices will rise so now buy and hold.
Bitcoin is a speculative asset and we're all speculating what's with it in the future. But the catch that it's here to stay and most of the predictions that have been said to it lately is positive. Let's just be welcoming with anyone's speculation, high or low as long as there's a valid point given. |
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I like to trade with binance their app is very great very much user-friendly .I m not that much hardcore trader so binance serves me well.But if you are interested in future trading you should use third party service provider related to binance
Better don't use futures. And what you're saying about third party service with futures? Binance has it integrated the margin perpetual. Just be don't liquidated or don't get on it unaware. |
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Savings, retirement, vacation, plan.
Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.
I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.
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First, what you did is wrong of putting your seed in your email. It's a total negligence. I'm not blaming you but that's really why people shoud keep their recovery words elsewhere offline.
Secondly, if you will report this to the authorities and going to the country that you suspected where the hackers live. Do you have enough proof to your report aside from being hacked? they might turn the tide and say that it's still you that just transferred funds because you have no solid proof.
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I am not an expert, what doest it mean when they say hoard Bitcoin? Meaning almost all Bitcoins are purchased?
HODL = hoard There are still plenty of people selling Bitcoins in exchange. Why not go to every exchange and buy every BTC we need to break the $50k barrier so we can immediately see Bitcoin at $100,000.
You don't have to buy all of those, you have to buy only what you can afford to lose. During this time, the price are going up again and it's for you to think whether it's worth it for you and you're a long term guy. |
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I am holding Polkadot from the beginning as it has already giving me much profit and for long term it is very beneficial. If you are a long term trader and have the ability to hold long term coins then it will give you much profit in the coming days or month. So I will prefer Polkadot. It is the best coin.
Polkadot, this is one of the altcoins that I see that's being liked by many. Even I'm not yet holding it, with those people that I've seen suggesting this coin and it is what they're holding makes me want to hold this coin too. I did my research on polkadot and I also think that it's good. |
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This is a very sound piece of advice. If you can't make a smaller amount into something significant of value, then, you still need to gain experience how to work with small funds first. Because going to bigger funds at the beginning of you trading will incur you big losses as well. What the OP was asking is very possible. Actually, his initial capital is already big. But that depends on his trading skills if he can turn that initial capital with high profits.
It is true. That you don't have to go wholly with larger amounts if you can't do with the little you have. But if someone who's willing to put and start with a high amount. You only need to make sure one thing, that you can afford that to lose. |
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Truth be told, we all know it. Crypto trader, regardless of how good one thinks one is, sometimes makes mistakes. While we all made errors, some were bigger than others.
Which do you consider to be the worst mistake you made when trading CRYPTO?
Being hyped and triggering my emotions for some of my past trades. I also think that we can include everyone's mistake of not buying during the early days of bitcoin when we already knew about it but we chose to ignore it. |
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Well, the new users probably won't feel what we've felt before that there's no mandatory KYC that's needed to fill.
Here it goes binance, they're just doing their job as they grow. The government is eyeing them and want them to be subjected with their rules and standards.
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How can covid pandemic effect Bitcoin Growth. Bitcoin is a online cryptocurrency and no one can have any hand to decrease or increase the price. The pandemic is going on and if you look at bitcoin, Bitcoin is increasing day by day. There is a prediction Bitcoin will reach 100000 $ son during this covid situation
It was thought of bitcoin will also go down with the world market because of the effect of the pandemic. But it didn't happened as expected because what happened was much better. It does look increasing day by day but there are also times that it didn't go up and went a lot through the lowest that we've seen in this cycle. |
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I did the same as you, but every profit I made went to Bnb and Eth. Although I didn't get a lot of profit, I was quite satisfied. I think selling too early as you said is just a sense of your dissatisfaction. Maybe it's better to profit even if it's just a little, than selling when the bearish.
We cannot take back our moves of selling early. We have to learn from that and as well as increase our satisfaction and just accept it that we've sold and take the little profit and be content with it. As you move your profits into BNB and ETH, that's a good reinvestment choices because that's what we do but the common is that bitcoin is the choice. BNB and ETH are really good platforms as the foundation of them is quite solid. It may not pump 10x or 100x, but unlike those coins with very high returns, these 2 are top alts and they will not disappear overnight. Based from my experience also, it is better to hold your funds via btc/eth/bnb in longer term because you will not be agitated when the market turns out bearish. Yeah. There's at least the confidence that these two can give us, investors the peace of mind. Not like those altcoins that have been pumping 20x and above. You'll never know if it has dumped already when you're asleep. |
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I did the same as you, but every profit I made went to Bnb and Eth. Although I didn't get a lot of profit, I was quite satisfied. I think selling too early as you said is just a sense of your dissatisfaction. Maybe it's better to profit even if it's just a little, than selling when the bearish.
We cannot take back our moves of selling early. We have to learn from that and as well as increase our satisfaction and just accept it that we've sold and take the little profit and be content with it. As you move your profits into BNB and ETH, that's a good reinvestment choices because that's what we do but the common is that bitcoin is the choice. |
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You can probably find the best coins on the coinmarketcap.com. for me the current top 100 coins are worth buying. Especially Bnb eth Sol Cake, I personally chose these 4 altcoins. And every year they reach a new Ath.
There's no assurance that they'll get new ATH each year. Sol just took its ATH this week. Although those altcoins that you've mentioned first, they're the tier at the top of most portfolios aside from holding bitcoin. If you want to invest in altcoins, eth and bnb or any of those will do. |
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That's a good promo for paying tickets for bitcoin. With fee being reduced and it's very handy, they can add that promo of discounts for bitcoin payments made.
But we don't know if this is going to have a good impact to their business. What we're happy at, another company just announced accepting payments in bitcoin.
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By the way, how often do you find easy and illegal schemes for earning cryptocurrency on the Internet?
Why? You can't find those at the clear net. This thread is about trading so usually you'll see those that likes trading and those that suggests what trading platform is good and bad. Why not try trading? |
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When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.
And the problem for some countries, they can't cope up with increase with those things. Yet the salary of a normal office person don't increase and it has to take a lot of board meetings before they give an increase even if everybody is dealt to inflation. |
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You are saying right that don't do trading with emotions. It is not so simple.
It isn't if you're new to it. But once you get used to the market, you're settling your emotion because you know how to control it and how it can make your trades win or lose. It's all about giving yourself the right mindset. To get used to the market, we have to trade frequently and evaluate it. the more we practice, the more we will be able to control our emotions by ourselves, as long as we are willing to learn from the mistakes we have made, or learn from the experiences of others. Yes it is. More practice and deal with your losses to learn what action you must do for your next trades. It will help you to mitigate the losses you've made and at the same time, you gain lesson. |
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You are saying right that don't do trading with emotions. It is not so simple.
It isn't if you're new to it. But once you get used to the market, you're settling your emotion because you know how to control it and how it can make your trades win or lose. It's all about giving yourself the right mindset. |
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